2007 Tax Calendar

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February 2007 Top
1 First £100 penalty if 2006 Tax Return not yet filed. Additional penalties may apply for further delay.
2 Last day for notifying car changes in quarter to 5 January - P46 (Car)
28 Last day to pay any balance of 2005/06 tax to avoid an automatic 5% surcharge
March 2007 Top
21 Budget Day 2007
31 End of Corporation Tax financial year
End of CT61 quarterly period
Filing date for Corporation Tax Return Form CT600 for period ended 31 March 2006
End of period for limited companies to claim first year allowance of 50%
April 2007 Top
5 End of period for unincorporated businesses to claim for first year allowance of 50%
Last day of 2006/07 tax year
6 First day of 2007/08 tax year
14 Due date for income tax for the CT61 period to 31 March 2007
19/21 Quarter 4 2006/07 PAYE and CIS remittance due for small employes and contractors, including any balance of 2006/07 PAYE/NI
20 Interest will begin to accrue on unpaid PAYE/NI for 2006/07
30 Normal annual adjustment for VAT partial exemption calculations (monthly returns)
May 2007 Top
1 New VAT scale charges for company cars (to be confirmed in 2007 Budget)
3 Last day for notifying car changes in quarter to 5 April - P46 (Car)
19 Last day for filing forms P14, P35, P38, and P38A - 2006/07 PAYE returns, without incurring penalties. Also last day for filing contractors' returns, including CIS36.
31 Last day to issue 2006/07 P60s to employees
June 2007 Top
30 End of CT61 quarterly period
Last day for UK businesses to reclaim EC VAT chargeable in 2006
Annual adjustment for VAT partial exemption calculations (March VAT year end)
July 2007 Top
6 Last day to file Taxed Award Scheme Returns, file P11Ds, P11D(b)s and P9Ds. Issue copies of P11Ds or P9Ds to employees.
Deadline for relevant third parties to give non-employees information on benefits/expenses they have provided to them in 2006/07
14 Due date for income tax for the CT61 period to 30 June 2007.
19/21 Quarter 1 2007/08 PAYE and CIS for small employers and contactors remittance due
Final date for payment of 2006/07 Class 1A NICs
31 Second self assessment payment on account for 2006/07
Annual adjustment for VAT partial exemption calculations (April VAT year end)
5% surcharge on any tax unpaid for 2005/06
August 2007 Top
1 Liability to second £100 penalty arises for 2006 Tax Return still not filed
2 Last day for notifying car changes in quarter to 5 July - P46 (Car)
31 Annual adjustment for VAT partial exemption calculations (May VAT year end)
September 2007 Top
30 Deadline for submission of the 2007 paper Tax Return (provided issued by 31 July 2007) if you wish HM Revenue & Customs to calculate the tax or, if you are an employee, you wish to have a 2006/07 balancing payment of less than £2,000 collected through your 2008/09 PAYE code
End of CT61 quarterly period
October 2007 Top
1 Due date for payment of Corporation Tax for period ended 31 December 2006
5 Individuals/trustees must notify the Revenue of new sources of income/chargeability in 2005/06 if a Tax Return has not been received
14 Due date for income tax for the CT61 quarter to 30 September 2007
19/20 Quarter 2 2007/08 PAYE and CIS remittance due for small employers and contractors
November 2007 Top
2 Last day for notifying car changes in quarter to 5 October - P46 (Car)
December 2007 Top
29/30 Last date to file your 2007 Tax Return electronically if you are an employee and wish to have a 2006/07 balancing payment of less than £2,000 collected through your 2008/09 PAYE code. Date dependant upon who is filing.
31 Last day for non-EC traders to reclaim recoverable UK VAT suffered in the year to 30 June 2007
End of relevant year for taxable distance supplies to UK for VAT registration purposes
End of relevant year for cross-border acquisitions of taxable goods in the UK for VAT registration purposes
End of CT61 quarterly period
Filing date for Corporation Tax Return Form CT600 for period ended 31 December 2006
Deadline for electronically delivered 2007 Tax Return if you wish HM Revenue & Customs's to calculate the tax, or if you are an employee and wish to have a 2006/07 balancing payment of less than £2,000 collected through your 2008/09 tax code.